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to win. >> i think obama won because republicans underestimated him, and they did it through sell collision that goes back to 2010 when they considered this to be a referendum on barack obama. it was not a referendum on barack obama. it was a referendum on the economy and the incumbent, but not barack obama the person. republicans left the race feeling like this would be a slam-dunk in 2012. they missed the fact that the turnout in 2010 was so far what -- so far below what it was in 2008, and the people who did not turn out in 2010 -- young people, african-americans, women -- came out in big numbers for barack obama because they never did leave him. 2010 was an anomaly, and they read too much into it, and they underestimated obama. >> according to the "boston globe," a couple of days before election day, mitt romney's manager signed a memo that the race was unmistakably moving in his direction. how could they have been so wrong? >> in all the polling, they assumed a smaller turnout by democrats than they got. really, what they were really guilty of was phenomenal over caution. they thought
to win. >> i think obama won because republicans underestimated him, and they did it through sell collision that goes back to 2010 when they considered this to be a referendum on barack obama. it was not a referendum on barack obama. it was a referendum on the economy and the incumbent, but not barack obama the person. republicans left the race feeling like this would be a slam-dunk in 2012. they missed the fact that the turnout in 2010 was so far what -- so far below what it was in 2008,...
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i mean, i think there was -- no one was talking about the sort of numbers that showed up for obama. no one was predicting the diversity of the vote. no one was predicting that sort of the republican strategy for securing a romney victory would come to grief so kind of spectacularly. i mean, i'm telling you. even the communities who came out to vote, i think, were shocked by their own numbers and by their own power. i mean, when you look at the cuban community in florida, a community that has historically voted super conservative and suddenly see an entirely new generation voting, and you see those numbers that they put up for obama. it was extraordinary. and i think that a lot of folks have very poor sense of what's happening in this country on the ground. i mean, they're kind of all the way up here, whether it's age, class, institutional divisions. and they don't really have a real kind of panoramic or even a deep view of the real sort of granular shifts that have occurred in this country, that have been occurring. >> if you took that grand narrative and reduced it to a very short
i mean, i think there was -- no one was talking about the sort of numbers that showed up for obama. no one was predicting the diversity of the vote. no one was predicting that sort of the republican strategy for securing a romney victory would come to grief so kind of spectacularly. i mean, i'm telling you. even the communities who came out to vote, i think, were shocked by their own numbers and by their own power. i mean, when you look at the cuban community in florida, a community that has...
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huge defense cuts kick in, which some republicans claim barack obama favors. >> it's obvious the president wants us to go over the fiscal cliff. >> reporter: on "meet the press," president obama blamed republicans. >> they say their biggest priority is dealing with the deficit, but the way they're behaving is their only priority is making sure taxes don't go up on the rich. >> reporter: the senate minority leader says -- >> i'm willing to get this done. but i need a dance partner. >> reporter: enter vice president joe biden, called by mcconnell. can the senate veteran help congress stumble to a deal on the last day? if not, and we do go off the cliff, congress could be more likely to make a deal and quickly, because then lawmakers could claim they voted to cut middle class taxes. i'm steve handlesman, news4, capitol hill. >> if nothing else, it looks like there will be a deal to keep the price of milk from skyrocketing. leaders have agreed to a one-year ex-tense of the 2008 farm bill that expired in october. the deal will avert a spike in milk prices to as much as $8 a gallon. but it has t
huge defense cuts kick in, which some republicans claim barack obama favors. >> it's obvious the president wants us to go over the fiscal cliff. >> reporter: on "meet the press," president obama blamed republicans. >> they say their biggest priority is dealing with the deficit, but the way they're behaving is their only priority is making sure taxes don't go up on the rich. >> reporter: the senate minority leader says -- >> i'm willing to get this done....
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. >> i think it is obvious president obama wants us to go over the fiscal cliff. >> president obama blamed republicans. >> they say the biggest priority is making sure they deal with the deficit in a significant way. they are behaving in a way that they're only priority is that the tax breaks for the wealthiest americans are protected. blacks mitch mcconnell is vowing to find out. -- >> mitch mcconnell is vowing to find out. >> can the senate veteran help congress tumble to a deal on the last day? >> if we do go off the fiscal cliff, congress would be more likely to make a deal. members could claim they are cutting taxes. >> thank you. if america does fall off the fiscal cliff on the first of the year, maryland would be hit hard. hundreds of millions of dollars and tens of thousands of jobs lost. >> we have a lot of federal workers and businesses that rely on the federal government. many are watching the negotiations closely. if partisan politics prevail and they cannot reach a deal, americans in maryland will burden will -- will be burdened. legislativent of observances had a report about
. >> i think it is obvious president obama wants us to go over the fiscal cliff. >> president obama blamed republicans. >> they say the biggest priority is making sure they deal with the deficit in a significant way. they are behaving in a way that they're only priority is that the tax breaks for the wealthiest americans are protected. blacks mitch mcconnell is vowing to find out. -- >> mitch mcconnell is vowing to find out. >> can the senate veteran help congress...
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this afternoon accusing president obama of ridiculing house republicans. as the two sides duked it out over the fiscal deal. let me bring in steve israel of new york. congressman, always good to talk to you. >> how are you? happy new year. >> we have the outlines of a deal but we're hearing a lot of discontent and many of the complaints aimed at the president himself. is this going to get done? >> well, i'm hopeful that it will get done. it is really -- we're at the point of now or never. let's review. it will get done when republicans are wig lling to compromise. the president a year ago offered a plan that was big, bold, balanced, republicans said no. a week ago the republican speaker put a plan on the floor that said they would only raise taxes for people making over $1 million. his caucus said no to that. at a certain pointed it's hard to negotiate with a skid mark. up to now we have been negotiating with a bunch of skid marks. now it's time for republicans to learn how to take yes for an answer. we have a plan on the table, it's not perfect. we ought
this afternoon accusing president obama of ridiculing house republicans. as the two sides duked it out over the fiscal deal. let me bring in steve israel of new york. congressman, always good to talk to you. >> how are you? happy new year. >> we have the outlines of a deal but we're hearing a lot of discontent and many of the complaints aimed at the president himself. is this going to get done? >> well, i'm hopeful that it will get done. it is really -- we're at the point of...
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president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have
president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have
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president obama and senior senate republicans confirm a deal is in the works to prevent tax hikes as midnight. even if the senate were to pass it, sources on capitol hill say the house will not vote on it tonight. as far as the deal goes, nbc news has learned that both sides agreed to keep taxes at their current level for individuals who make up to $400,000 a year, or house december holds up to $450,000. mitch mcconnell says both sides are very close to an overall deal. >> let's pass the tax relief portion now. >> keep in mind just last month republicans in congress said they would never agree to raise tax rates on the wealthiest of americans. obviously the agreement that's currently being discussed would raise those rates and raise them permanently. >> again even if the senate were to pass the deal tonight, the house does not plan to vote on it tonight, but that too could change. >>> does that technically mean we're going over the fiscal cliff? >> msnbc's luke russert is live to explain why some congressional aides are call it a fiscal slope and not necessarily a cliff. good evening
president obama and senior senate republicans confirm a deal is in the works to prevent tax hikes as midnight. even if the senate were to pass it, sources on capitol hill say the house will not vote on it tonight. as far as the deal goes, nbc news has learned that both sides agreed to keep taxes at their current level for individuals who make up to $400,000 a year, or house december holds up to $450,000. mitch mcconnell says both sides are very close to an overall deal. >> let's pass the...
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. >>> on meet the press president obama accused republicans of protecting the wealthiest americans from tax hikes. >> reporter: the president has asked his plan, which includes tax hikes, to be given an up or down vote. >>> i'm watching your money. asian stock markets mostly closed or traded lower today on diminished hopes u.s. lawmakers can come to an agreement on the fiscal cliff. wall street has a full trading day today. checking the numbers for you the dow starts this morning at 12938. that's right below 13,000 after selling off 158 points on friday. of course over concerns about the fiscal cliff. the nasdaq lost more than 25 points and the s & p 500 was off by around 16 points. >>> real estate in ocean city is moving off the market at a very brisk pace right now. numbers from the coastal association of realtors shows a 25% reduction in the inventory of unsold condos in ocean city. that includes multi-million dollar properties. the data show contracts are up 14% year to date with settlements up 6%. inventory increased sharply from march through november after being flat from last de
. >>> on meet the press president obama accused republicans of protecting the wealthiest americans from tax hikes. >> reporter: the president has asked his plan, which includes tax hikes, to be given an up or down vote. >>> i'm watching your money. asian stock markets mostly closed or traded lower today on diminished hopes u.s. lawmakers can come to an agreement on the fiscal cliff. wall street has a full trading day today. checking the numbers for you the dow starts...
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president obama defeated mitt romney forcing the republicans to reconsider their policies among others returning women and immigrants. while the major party presidential candidate did not take on fossil fuel, climate change in any of their debates, it was a year of extreme weather from melting of the arctic to superstorm sandy to the massive typhoon in the philippines. 2012 will also be remembered for a series of mass shootings from aurora, arata, to the sikh temple, to be shooting in newtown, conn.. the case around trayvon martin sparked national protest after officials refused to arrest george zimmerman. president obama continues his secret drone wars. we spend the hour looking back at the moment and movements that shaped 2012. >> democratic congresswoman gabrielle giffords has announced she will step down this week. she was shot in the head last year in a shooting spree that left six people dead in tucson. >> thank you for your prayers and for giving me the time to recover. i have more work to do on my recovery, so i will do what is best for arizona. i will step down this week. >> i
president obama defeated mitt romney forcing the republicans to reconsider their policies among others returning women and immigrants. while the major party presidential candidate did not take on fossil fuel, climate change in any of their debates, it was a year of extreme weather from melting of the arctic to superstorm sandy to the massive typhoon in the philippines. 2012 will also be remembered for a series of mass shootings from aurora, arata, to the sikh temple, to be shooting in newtown,...
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only 15 of them from congressional districts obama won. in 2014, 14 senators will be -- will go up for re-election. 13 of them will stay and -- 12 of them in states obama did not win and like we have 2 different parallel sort of universes trying to talk to each other and republicans don't really need and are not incented to work with obama because they're coming from constituency that is don't like him, won't vote for him. why not fight against him because that's good for them? >> well, i tell you what. guys like john boehner see that and they see a trend where their base shrinks and gets smaller and smaller and smaller. eventually they will be the minority party. they don't want that to happen. they can look at the polls and where it says most of the country favors raising taxes on the rich and the positions that obama was pushing during the campaign, otherwise he wouldn't have won. they know it's a problem and don't want to be relegated to the party of white guys in the south. >> that's a national issue. >> correct. >> that's not a local
only 15 of them from congressional districts obama won. in 2014, 14 senators will be -- will go up for re-election. 13 of them will stay and -- 12 of them in states obama did not win and like we have 2 different parallel sort of universes trying to talk to each other and republicans don't really need and are not incented to work with obama because they're coming from constituency that is don't like him, won't vote for him. why not fight against him because that's good for them? >> well, i...
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president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts a nonstarter for many of his fellow democrats. and they now appear to be off the table. just about any deal congress and the president come up with now will drive deficits even higher. >> reporter: and the other thing we'll be watching closely, the markets. on friday the dow was down 160 points. if you look at the last five days of trading excluding christmas, five down days in a row. skidish investors are keeping close eye on congress to see if they can come up with anything. back to you guys. >> all right. thank you very much. checking some of our other top stories secretary of state hillary clinton remains in a new york city hospital after doctors discovered a blood clot stemming from a concussion she had. she is being treated with medication and will most likely stay in the hospital for the next 48 hours. the clot was discovered yesterday during a follow up appointment. >>> former president george h.w. bush also
president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts a nonstarter for many of his fellow democrats. and they now appear to be off the table. just about any deal congress and the president come up with now will drive deficits even higher. >> reporter: and the other thing we'll be watching closely, the markets. on friday the dow was down 160 points. if you look...
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republicans and president obama will be fighting about the debt next year. republicans wanting to use the debt ceiling as a bargaining tool. we might be back again seeing a fight like this next year. >> tahman bradley, thank you. >>> minimum wage workers in san francisco are getting a raise in the new year. the minimum wage is increasing from $10.24 to $10.55. in;a(j 2003 voters approved ordinance tying minimum wage to inflation in the bay area compensation has gone up every year since, except between 2009 and 2010. san francisco has the highest minimum wage in the country. >>> if you are a homeowner here in california you will get foreclosure protection from a new law. providing homeowners with a single point of contact if they want loans modified. lenders will be banned from foreclosing while evaluating a request. homeowners can sue lenders who violate the new law. >> january 1st, plastic bags will no longer be available at stores in alameda county. stores will charge at least 10 cents for paper, plastic or produce -- plastic bags for produce will still be
republicans and president obama will be fighting about the debt next year. republicans wanting to use the debt ceiling as a bargaining tool. we might be back again seeing a fight like this next year. >> tahman bradley, thank you. >>> minimum wage workers in san francisco are getting a raise in the new year. the minimum wage is increasing from $10.24 to $10.55. in;a(j 2003 voters approved ordinance tying minimum wage to inflation in the bay area compensation has gone up every year...
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president obama continued to put public pressure on republicans during his appearance on "meet the press" today. >> it is very important for republicans in congress to be willing to say, we understand we're not going to get 100%, we're willing to compromise in a serious way. >> joined by congressman barney frank of massachusetts. it is good to see you, congressman. good evening. >> thank you. >> you're coming -- the senate's coming back at 11:00 tomorrow morning. what are chances there will be something to vote on, do you think? >> i think there are very good chances there will be something to vote on. the question is whether it will be a bipartisan agreement or simply the senate democrats putting a vote and hoping republicans will vote for it. trying to get an agreement is difficult because that gives right wing of the republican party this big veto. a number of republican senators, not just those generally considered to be moderate, have said that they agree that it is important now to keep taxes from going up on most people and accept the reality that they will go up by the top 1 pshg
president obama continued to put public pressure on republicans during his appearance on "meet the press" today. >> it is very important for republicans in congress to be willing to say, we understand we're not going to get 100%, we're willing to compromise in a serious way. >> joined by congressman barney frank of massachusetts. it is good to see you, congressman. good evening. >> thank you. >> you're coming -- the senate's coming back at 11:00 tomorrow...
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meet the press, president obama blamed republicans. >> they say that the biggest priority is making sure that we deal with the deficit in a serious way. the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> if a deal is not reached by midnight tonight, taxes go up for nine out of ten americans and 2 million people without jobs will not get unemployment insurance starting tomorrow. sharp cuts in defense spending and programs will kick in onnian 2nd. >>> even if lawmakers cannot strike a deal, there will not be panic in the dairy aisle. there is a deal in place to make sure that milk prices do not skyrocket. cnbc's hampton pearson is live with more. >> how are you doing, erika. picking up on what you were talking about, congress may be having trouble avoiding the fiscal cliff. but they might be able to skirt the dairy cliff. the u.s. farm bill could keep milk prices from surging next year. it would keep a subsidy from coming back to life when the current farm bill expires today. under a 1949 law, the usda would be
meet the press, president obama blamed republicans. >> they say that the biggest priority is making sure that we deal with the deficit in a serious way. the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> if a deal is not reached by midnight tonight, taxes go up for nine out of ten americans and 2 million people without jobs will not get unemployment insurance starting tomorrow. sharp cuts in defense...
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the democrats were the republican -- the democrats or the republicans, which party led the discussion to the enduring that of the middle class sure enough, president obama shifted to a middle-class message that resonated, if only at the margin that was sufficient for victory. are the republicans learned anything here? are they going to start talking about working men and women? working class and the american dream. >> i think they are. i think the presidential race waa real problem. because it was never growth. it was always about this and that and detail. romney wasn't the issue. the issue was obama. it was the worst single recovery in the u.s. that is the issue. i think and i hope the republicans take that agenda, and i know that -- let me just tell you personally, i ow a lot of democrats who would like to get in that agendaas well. they want to lower rates, broaden the tax base. there are a lot of democrats want to do it as well. if we can get the agenda in there, we are in for a great couple of years. 2015 and 2016 could be really good years. lou: all that is required is the faith
the democrats were the republican -- the democrats or the republicans, which party led the discussion to the enduring that of the middle class sure enough, president obama shifted to a middle-class message that resonated, if only at the margin that was sufficient for victory. are the republicans learned anything here? are they going to start talking about working men and women? working class and the american dream. >> i think they are. i think the presidential race waa real problem....
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obama making remarks about the fiscal cliff aired it earlier today. he put much of the blame on shoulders of the republicans if no deal is reached. the gop fired back saying the president should lead right now not cast blame. correspondent s henry is live from the white house. >> he is frustrated going on a talk show today in the middle of the negotiations. he has not been on one of the
obama making remarks about the fiscal cliff aired it earlier today. he put much of the blame on shoulders of the republicans if no deal is reached. the gop fired back saying the president should lead right now not cast blame. correspondent s henry is live from the white house. >> he is frustrated going on a talk show today in the middle of the negotiations. he has not been on one of the
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president barack obama and senate republican leader mitch mcconnell said on monday that they are near a deal to avoid it wide-ranging tax increases and spending cuts set to take effect in the new year. house republicans notified lawmakers that the chamber will vote tonight, but they will be voting on other bills and they will be the only votes of the day. they say it is still not clear if the senate will be able to vote on any kind of deal. >> still ahead, new details emerging about former state delegate tiffany alston. the telestrating head. >> deal or no deal. the clock ticks down to the fiscal cliff deadline. a look at where things stand, coming up. [ female announcer ] the one for all. mcdonald's dollar menu. home of the mouthwatering grilled onion cheddar burger, topped with melty white cheddar and caramelized onions. plus all your tasty favorites for just a dollar each. ♪ every day, as always, there's a lot to love for a little on mcdonald's dollar menu. ♪ >> former state delegate has yet to comment tonight about a report that she has declared bankruptcy. according to the pa
president barack obama and senate republican leader mitch mcconnell said on monday that they are near a deal to avoid it wide-ranging tax increases and spending cuts set to take effect in the new year. house republicans notified lawmakers that the chamber will vote tonight, but they will be voting on other bills and they will be the only votes of the day. they say it is still not clear if the senate will be able to vote on any kind of deal. >> still ahead, new details emerging about...
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the issue was obama. it was the worst single recovery in the u.s. that is the issue. i think and i hope the republicans take that agend and i know that -- let me just tell you personallyi know a lot of democrats who would like to get in that agenda as well. they want to lower rates, broaden the tax base. there are a lot of democrats want to dot as well. if we can get the agenda in there, we are in for a great couple of years. 2015 and 2016 could be really good years. lou: all that is required is the faith and patience. >> that's right. we have a lot to reach. lou: abundant, abundant.eing thank you for coming to join us. art laffer. up next, a horrific new townacr massacre spurring calls for more gun control. in the "chalk talk" we take a look at what is potentially one of the largest and mostloe one f important problems in ourblem society.an it is not guns. the cost of mental health in so many dimensions [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thoug to trade, on every
the issue was obama. it was the worst single recovery in the u.s. that is the issue. i think and i hope the republicans take that agend and i know that -- let me just tell you personallyi know a lot of democrats who would like to get in that agenda as well. they want to lower rates, broaden the tax base. there are a lot of democrats want to dot as well. if we can get the agenda in there, we are in for a great couple of years. 2015 and 2016 could be really good years. lou: all that is required...
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i think obama -- president obama out maneuvered the congressional republicans. maybe it isn't hard, sometimes, but can't out maneuver reality and the reality is we are running a $1 trillion deficit and the deal does nothing about that and does nothing to stimulate economic growth and irresponsibly cuts defense and we'll pay a terrible price for that, as a country, and he is the only president we have and this is where -- i'm not making it a partisan point, a terrible failure of leadership, he's the president and the truth is, the speaker can't do it and minority and majority leader can't do it. he has to be serious about dealing with reality and reality is the real cliff we are going over which is this debt cliff and monetary cliff, and i'm worried a foreign policy cliff and not merely the little, you know, fiscal cliff we have to deal with january 1st. >> chris: all right, panel we have to take a breake here, whe we come back the panel dusts off the crystal ball and gives us their predictions for 2013. ♪ ♪ >> chris: check out fox news sunday.com, for behind
i think obama -- president obama out maneuvered the congressional republicans. maybe it isn't hard, sometimes, but can't out maneuver reality and the reality is we are running a $1 trillion deficit and the deal does nothing about that and does nothing to stimulate economic growth and irresponsibly cuts defense and we'll pay a terrible price for that, as a country, and he is the only president we have and this is where -- i'm not making it a partisan point, a terrible failure of leadership, he's...
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president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we deal with the deficit in a serious way, but the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> reporter: but senators say there is some movement on the issue. >> there's a lot of give and take going on right now, but republicans doan want to see new revenues, in other words, democrat tax increases, beused for new spending. >> the president has said if there is no deal by the end of the day, the senate should draw up legislation to extend the bush-era tax cuts for the middle class. >> there should be an up or down vote. everybody should have a right to vote on that. you know, if republicans don't like it, they can vote no, but i actually think there's a majority support for making sure that middle-class families are held harmless. >> a wh
president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we deal with the deficit in a serious way, but the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> reporter: but senators say there is...
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president obama has already given a lot more ground than the republicans have, so my advice to senator reid and president obama would be to stop trying to negotiate with republicans who, like spoiled children, have no interest in compromise. remember who won the election? >> no vote tonight on the fiscal cliff. what are the chances of lawmakers cobbling a compromise tomorrow? would real pain start to hit everyone in the form of tax hikes and spending cuts? what other options do lawmakers have as a last resort. steven moore joins us from washington. steven is a senior economics writer with "the wall street journal." he writes op-eds. he's involved in the opinion pages. he's also a co-founder of the organization called club for growth, which has really been at the forefront of fighting tax increases across the board. so, you know, sometimes, steven, on tv we talk about grover norquist and a lot of people really don't like him. you think grover has the right idea. you have colleague es in the senate, in the house of representatives. we have talked about this endlessly for many months and
president obama has already given a lot more ground than the republicans have, so my advice to senator reid and president obama would be to stop trying to negotiate with republicans who, like spoiled children, have no interest in compromise. remember who won the election? >> no vote tonight on the fiscal cliff. what are the chances of lawmakers cobbling a compromise tomorrow? would real pain start to hit everyone in the form of tax hikes and spending cuts? what other options do lawmakers...
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president obama expressed regret republicans and democrats have not been able to hammer out a plan to fix the deficit, a grand bargain. the president said that with the current congress that would have been nearly impossible. he was guardedly optimistic there would be good news before the ball drops tonight in times square. wendell is live for us at the white house. the president still is pushing for increased tax revenue and it appears that the g.o.p. leadership agrees to some extent. >>reporter: the leadership in the senate agrees. this was worked out between minority leader mcconnell and vice president biden who took over the talks after the negotiations between the president and house of representatives speaker boehner reached an impasse. it will be a tough sell for house republicans because there are no real spending cuts. the president promised spending cuts in the future and aimed to put political pressure on republicans. the deal represents a balanced approached, although there are no cuts. >> my approach is balanced and responsible so revenues have to be part of the equation
president obama expressed regret republicans and democrats have not been able to hammer out a plan to fix the deficit, a grand bargain. the president said that with the current congress that would have been nearly impossible. he was guardedly optimistic there would be good news before the ball drops tonight in times square. wendell is live for us at the white house. the president still is pushing for increased tax revenue and it appears that the g.o.p. leadership agrees to some extent....
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that angered republicans. obama's comments angered republicans. so i think they're back in the negotiating room, republicans pushing harder on the spending cuts side. that's what we've seen through the the day. >> ali, based on my years of covering washington, the longer there's no final vote in the senate and house, the more likely this whole thing could collapse. >> yeah. gives everybody a chance to think it through. this is kind of the contradiction in this whole thing. when you think back to the debt ceiling deal, you think back to the government shutdown. these are all eleventh hour deals. we've become accustomed to doing things before the deadline. there's some sense of urgency. what you've heard throughout the day is we don't like that the white house, that they're moving toward a higher threshold on taxes. the longer it doesn't get done, the more people say let's take a harder line yet. i like you wolf, we're going to sit here until it happens. i'm not sure it's going to happen. there are still some remarkable philosophical differences. a
that angered republicans. obama's comments angered republicans. so i think they're back in the negotiating room, republicans pushing harder on the spending cuts side. that's what we've seen through the the day. >> ali, based on my years of covering washington, the longer there's no final vote in the senate and house, the more likely this whole thing could collapse. >> yeah. gives everybody a chance to think it through. this is kind of the contradiction in this whole thing. when you...
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i don't think the republicans should allow themselves to be baited by obama. >> bret: the or thing is talk about the sequester. you will remember of course in debate, in october. the president said this. about the sequester. >> first of all, is sequester is not something that i propose. something that congress is proposed. he will not happen. >> bret: part of the solution for the super committee. that was part of the deal. negotiating now is delay it by a couple of months. which potentially negotiate on fiscal cliff number two, the debt ceiling battle. and throw in dealing with the sequester as well. we're waiting to hear what the details of that, because we don't know. on the taxes, just on the taxes, as they are structured now, if you look at the tax deal, comparing it to what the re-knew you would get over ten years, it's roughly $600 billion that they get revenue coming in from the tax deal they are striking with the framework tonight. hurricane sandy recovery billion is $60.4 billion. it's about the same annually. >> preclintonnian tax and spend democratic philosophy. you take in
i don't think the republicans should allow themselves to be baited by obama. >> bret: the or thing is talk about the sequester. you will remember of course in debate, in october. the president said this. about the sequester. >> first of all, is sequester is not something that i propose. something that congress is proposed. he will not happen. >> bret: part of the solution for the super committee. that was part of the deal. negotiating now is delay it by a couple of months....
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president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts. and they now appear to be off the table. which means that just about any deal congress and the president come up with now will drive deficits even higher. >> and the other thing the markets. for instance, on friday, the dow was up 160 points. and when you look at the last five days of trading, the markets were closed on christmas but down every single one of those days. in washington, doug luzader, fox news. >> sit down with law makers for an inside look at the last minute fiscal cliff negotiations. >> plus, counting down the hours until maryland makes history. how the free state is getting ready for tomorrow's first same sex marriage. >> we're going to show you the dramatic video of a russian plane crashing alongside a crowded highway. >> a live look outside. the latest weather and traffic coming up next. we'll be right back. >>> checking world news this morning. video from a plane cras
president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts. and they now appear to be off the table. which means that just about any deal congress and the president come up with now will drive deficits even higher. >> and the other thing the markets. for instance, on friday, the dow was up 160 points. and when you look at the last five days of trading, the markets...
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coming up, president obama also hinted in that interview that republicans were to blame for the current fiscal cliff standoff. take a listen. >> congress has not been able to get this stuff done, not because democrats in congress don't want to go ahead and cooperate, but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> how accountable are you for the fact that washington can't get anything done and that we are at this deadline again? >> i have to tell you, david, if you look at my track record over the last two years, i cut spending by over $1 trillion in 2011. i negotiated with speaker boehner in good faith and moved more than halfway in order to achieve a grand bargain. i offered over $1 trillion in additional spending cuts. at a certain point if folks can't say yes to good offers, then i also have an obligation to the american people. >> michael steele, some republicans were quick to criticize the president's to
coming up, president obama also hinted in that interview that republicans were to blame for the current fiscal cliff standoff. take a listen. >> congress has not been able to get this stuff done, not because democrats in congress don't want to go ahead and cooperate, but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package....
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you know what not a lot of changed the republican party opposing obama at every juncture and not negotiating with them right now the fiscal cliff is coming and we're all going to shoot off the fiscal cliff like thelma and louise and we're holding hands with grover norquist and everybody's crying mostly because the lose in the sixty six thunderbird to the grand canyon but the republicans even though they lost the election even though they lost seats in the house and lost seats in the senate they still refused to negotiate and they're being held hostage by their far right wing and that hasn't changed and it might might change next year but i don't i don't think so and loose with what about the polarization let's say in france right now after the election because the sitting president is not very popular right now. it's complicated because you you get a kind of windshield wiper effect in france you get one we can which the president sporty and the president himself are doing extremely badly for instance you have the steel works. with mr lakshmi mittal the fact that basically the president and t
you know what not a lot of changed the republican party opposing obama at every juncture and not negotiating with them right now the fiscal cliff is coming and we're all going to shoot off the fiscal cliff like thelma and louise and we're holding hands with grover norquist and everybody's crying mostly because the lose in the sixty six thunderbird to the grand canyon but the republicans even though they lost the election even though they lost seats in the house and lost seats in the senate they...
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demonize speaker boehner, celebrate president obama, what do the republican strategists say about that? find out next. music is a universal language. but when i was ian accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get ere i'm from. and tools to estimate what my care may cost. so i never msed a beat. we're more than 78,000 people looking out for more than million americans. that's health in numbers. unitedhealthcare. stuart: stocks are dead flat as of right now. futures were higher over a report that maybe some progress had been made on this fiscal cliff thing? but all of that green did not last, right now the dow industrials are up all of 1 point. congressional leaders closing -- so we hear, maybe closing on a deal that would prevent milk prices from doubling next year. key leaders from the house and senate have agreed to a one-year extension of the 08 farm bill which would replace dairy programs that would expire at midnight because that is going to h
demonize speaker boehner, celebrate president obama, what do the republican strategists say about that? find out next. music is a universal language. but when i was ian accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get ere i'm from. and tools to estimate what my care may cost. so i never msed a beat. we're more than 78,000 people looking out for more than...
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lesson two, the republican brand needs a hard look. if you take that out, it's been nearly five years. just 36% said they had a positive view of the republican party. >> todd aiken richard murdauch over the summer and the fall. now, as the parting debates whether to modernize, it has to repair its image. and that leads us to lesson three. demographics are destiny. romney won a higher percentage of the white vote than any candidate since rond reagan in 1984. >> lost the election by a wider margin. why? because the composition of the electorate changed. as the obama campaign predicted more than a year ago, the white portion of the electorate dropped from 74 pnt in 2008 to 72% in 2012. the president carried nearly eight in ten including an astounding 71% of latinos, 73% of asian voters and a whopping 93% of black voters. it remains a real question of wi whether the democratic nominee will be able to hold the coalition together. but the republican party is right to be re-examining its relationship with minorities. finally, lesson four. don
lesson two, the republican brand needs a hard look. if you take that out, it's been nearly five years. just 36% said they had a positive view of the republican party. >> todd aiken richard murdauch over the summer and the fall. now, as the parting debates whether to modernize, it has to repair its image. and that leads us to lesson three. demographics are destiny. romney won a higher percentage of the white vote than any candidate since rond reagan in 1984. >> lost the election by a...
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take to the sunday shows and spend the whole time blaming republicans. if we go off the cliff, who do you think is going to take the fall for this? i say republicans are just, they're going to go down because it's just tough to run against the white house with a bully pulpit. >> and i just believe that you can't worry about the short-term pr effects of something, that you have to do what's right based on principle and be able to get up in the morning and look in the mirror and say i stood on principle and i did what was right. when mitch mcconnell is speaking if you strip out the fact that there's all the other noise, what he's saying is actually true. i think that policy based on fact is better policy based on revenge. one comment on the interview president obama did with david gregory he taped it yesterday afternoon at the very same honor that mcconnell was actually trying to get a deal done. so to me, the president actually wants an argument more than a deal. he could have been helpful and instrumental in getting things done every six months to go thr
take to the sunday shows and spend the whole time blaming republicans. if we go off the cliff, who do you think is going to take the fall for this? i say republicans are just, they're going to go down because it's just tough to run against the white house with a bully pulpit. >> and i just believe that you can't worry about the short-term pr effects of something, that you have to do what's right based on principle and be able to get up in the morning and look in the mirror and say i stood...
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president obama and top senate republicans say a deal is very close, but it's not done yesterday. it remained unclear whether the senate will vote today. congress could pass it red rho actively. >>> breaking news in prince william county. we have just learned a county police officer died following in fiery crash at the intersays of nobodiesville road and piper lane. officer chris young was riding on a motorcycle at the time. you can see the van was the other vehicle. we're still gathering information about this accident. we'll bring you more throughout the evening. >>> it's been a cold new year's eve so far today. doug kammerer has the forecast for us. >> things looking okay out there. look for a sprinkle, maybe a flurry, but don't expect it to impact your plans. take a look, and the cloud cover continues to make a way in. you can see a lot of what looks like rain and snow back toward the west, but most of this not reaching the ground. the atmosphere just a little too dry. as i mentioned, maybe a sprinkle or flurry. later on, i'll update the exact midnight temperatures. many of th
president obama and top senate republicans say a deal is very close, but it's not done yesterday. it remained unclear whether the senate will vote today. congress could pass it red rho actively. >>> breaking news in prince william county. we have just learned a county police officer died following in fiery crash at the intersays of nobodiesville road and piper lane. officer chris young was riding on a motorcycle at the time. you can see the van was the other vehicle. we're still...
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president obama seemed resigned to going over the cliff. >> if all else fails, if republicans do, in fact, decide to block it so that taxes on middle class families do, in fact, go up on january 1st, then on january 4th the first bill to be introduced on the floor will be to cut taxes on middle class families. >> and this morning former white house spokesman robert gibbs was even more blunt. >> the republicans simply can't utter the word yes. they cannot utter the word yes. i mean, i feel like it's -- i feel like you're talking to a 5-year-old, and, you know, you're saying, look, you have to eat your vegetables. the 5-year-old says, ah, you know, maybe. i will eat half of them, and you say will you eat a quarter of them? i will eat a quarter of them. >> out of control 5-year-old. still, the senate is back at it today trying to resolve the impasse. while the two sides seem to be nearing an accord on taxes, they continue to battle over republican attempts to make social security cost of living cuts or chain cpi. it led to this bit of sarcasm from harry reid. >> i was really grat tied t
president obama seemed resigned to going over the cliff. >> if all else fails, if republicans do, in fact, decide to block it so that taxes on middle class families do, in fact, go up on january 1st, then on january 4th the first bill to be introduced on the floor will be to cut taxes on middle class families. >> and this morning former white house spokesman robert gibbs was even more blunt. >> the republicans simply can't utter the word yes. they cannot utter the word yes. i...
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president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back on any increase in taxes. >> they say that the biggest priority is making sure that we deal with the deficit in a serious way, but the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> but senators say there is some movement on the issue. >> there's a lot of give and take right now but republicans doan want to see new revenues in other words, tax increases be used for spending. >> the president says if there's no deal by the end of the day, they should draw up a new tax plan. >> there should be a right to vote. if republicans don't like it they can vote no but i actually think there's a majority support for making sure the middle-class families are held harmless. >> a white house proposal to increase estate taxes also held up negotiations over the weekend. now, even if the democratic-led passes, it still has to get through the republican-controlled house. terrell? >> not looking so well. dani
president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back on any increase in taxes. >> they say that the biggest priority is making sure that we deal with the deficit in a serious way, but the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> but senators say there is some movement on the issue. >> there's a lot of give and take right now...
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campaign had been saying about the republican nominee from moment one. >> crystal? >> three words. please proceed, governor. the second debate after the president had a lackluster performance. in the second debate, he really came out swinging and mitt romney thought he had him on the ropes with this benghazi nonsense. the president braille yantly just let him -- please proceed, governor. go ahead. what are you going to say? and not only was that a great, bril yant move in that moment a and won the second debate right there. but it was em blematic of how he just had to let mitt romney talk. say what he thought about americans. say what his plans were for the country and it was so objectionable to american people that they definitely wanted to go in a different direction. >> so please proceed governor from the second presidential debate? >> you've got it. >> well, id think that probably i would say that the best move of the year, i would have to say was the campaign grounding. i think you almost there. you're half way down the aisle but you turned around. i'm going to
campaign had been saying about the republican nominee from moment one. >> crystal? >> three words. please proceed, governor. the second debate after the president had a lackluster performance. in the second debate, he really came out swinging and mitt romney thought he had him on the ropes with this benghazi nonsense. the president braille yantly just let him -- please proceed, governor. go ahead. what are you going to say? and not only was that a great, bril yant move in that...
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republicans say they are willing to work together. so what does this mean for you? coming up in the next hour, we'll talk live with congressman jerry connelly and congressman phil roe for a closer look at the looming deadline. >>> still ahead this hour, secretary of state hillary clinton hospitalized. we'll have an update on her condition. we'll be right back. (vo) sometimes the big plan doesn't work. and the perfect life turns out to be not so perfect. you start fresh. new city. new job. new everything. it's exciting, and scary, at the same time. and some days you think, "i can't do this on my own." but then...i went to suntrust. they helped me figure things out. and before you know it, i am doing it... (anncr) at suntrust, helping people shine is what we do. join the thousands who are switching to suntrust's award-winning service. >>> secretary of state hillary clinton will spend the new year in a new york hospital so doctors can treat her for a broad clot. >> it is the result of a concussion clinton suffered earlier this month. doc
republicans say they are willing to work together. so what does this mean for you? coming up in the next hour, we'll talk live with congressman jerry connelly and congressman phil roe for a closer look at the looming deadline. >>> still ahead this hour, secretary of state hillary clinton hospitalized. we'll have an update on her condition. we'll be right back. (vo) sometimes the big plan doesn't work. and the perfect life turns out to be not so perfect. you start fresh. new city. new...
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we have president obama reelected. but then republicans hang onto the house. what kind of message does that send to the law makers? >> i think that sends a very clear message that the voters basically said we want divided government. we'll let president obama have a second term but we want the republicans who control the house and that's where tax, tax legislation originates, to basically hold the line on taxes. so i feel like the elector rate made it clear that republicans you're job to protect us from economy-strangling tags increases. this is very quick path for the republicans back into the minority in 2014. ashley: is all this a big forerunner to a big debate over the debt ceiling? >> interesting that you bring up the debt ceiling. i think that's what the republicans can do. if they basically walk away from a bad deal they have a lot more power going into 2013 in that, basically president obama is going to have to deal with them on the debt ceiling. why not negotiate from a position strength in 2013? any tax increases now are retroactive, rather than give
we have president obama reelected. but then republicans hang onto the house. what kind of message does that send to the law makers? >> i think that sends a very clear message that the voters basically said we want divided government. we'll let president obama have a second term but we want the republicans who control the house and that's where tax, tax legislation originates, to basically hold the line on taxes. so i feel like the elector rate made it clear that republicans you're job to...
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president obama campaigned on raising taxes on income over $250,000. while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure we deal with the deficit in a serious way. but the way they're behaving is that their only provide or the is making sure that tax breaks for the wealthiest americans are protected. >> reporter: but senators say there is some movement on the issue. >> there's a lot of give and take going on right now. but republicans don't want to see new revenues -- in other words, democrat tax increases -- being used for new spending. >> reporter: the president has said if there is no deal by the end of the day, the senate should draw up legislation to extend the bush-era tax cuts for the middle class. >> there should be an up-or- down vote. everybody have should a right to vote on that. if republicans don't like it, they can vote no. but i actually think there's a majority support for making sure that
president obama campaigned on raising taxes on income over $250,000. while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure we deal with the deficit in a serious way. but the way they're behaving is that their only provide or the is making sure that tax breaks for the wealthiest americans are protected. >> reporter: but senators say there...
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president obama campaigned on raising taxes on income over $250,000. while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we deal with the deficit in a serious way but the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> reporter: but senators say there is some movement on the issue. >> there's a lot of give and take going on right now but republicans don't want to see new revenues -- in other words, democrat tax increases -- be used for new spending. >> reporter: the president said if there is no deal by the end of the day, the senate should draw up legislation to extend the bush-era tax cuts for the middle class. >> there should be an up-or- down vote. everybody should have a right to vote on that. if republicans doesn't like it they can vote no but i think there is a majority support to make sure that middle class families
president obama campaigned on raising taxes on income over $250,000. while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we deal with the deficit in a serious way but the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> reporter: but senators say there is...
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have learned that president obama will speak about the fiscal cliff at 1:30 p.m. eastern time. with all that happening, let's get right to our daily fix. nbc's kelly o'donnell on capitol hill, nbc's kristen welker at the white house, and jonathan capehart, washington post editorial writer and my colleague and an msnbc contributor. okay, kelly. the action is on the hill where it's been for the last few days. let's start with you. this is a fast-moving story. give us the latest perimeters of what appears -- i emphasize appears to be the start of a deal. >> well, it has been coming closer together, so we are told. the question is what will the president be saying, and senior advisors here as well as senators i've spoken to say they do not expect that he is making any nounment of a deal, so we'll wait for the white house to determine that for sure. what we've been hearing is that they have moved off the issue of taxes and have been more focused on the nature of spending cuts. with republicans and democrats in two different places. democrats would like to delay the aut
have learned that president obama will speak about the fiscal cliff at 1:30 p.m. eastern time. with all that happening, let's get right to our daily fix. nbc's kelly o'donnell on capitol hill, nbc's kristen welker at the white house, and jonathan capehart, washington post editorial writer and my colleague and an msnbc contributor. okay, kelly. the action is on the hill where it's been for the last few days. let's start with you. this is a fast-moving story. give us the latest perimeters of what...
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with only hours to go, president obama says a deal between democrats and republicans is, quote, within reach as america ticks closer to the fiscal cliff at midnight. >> they are close, but they're not there yet. and one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you're supposed to do, they will use that last second. >> duown to the wire. if you thought the fiscal cliff snuck up on congress, the debt ceiling bill that triggered this to begin with was signed into law in 2011. we have known from that day forward this day would be upon us if nothing was done. and everyone in congress has known all along what it would take to avert the blanket tax hikes and spending cuts that are mandated to start in the new year. how much time is that, by the way? 517 days, or you can call it one year, four months and 29 days, or 73 weeks or 12,408 hours. you get the point. your political leader is engrossed in a colossal waste of time. the tax cuts were enacted for ten years starting in 2001 and then extended in 2010 for another
with only hours to go, president obama says a deal between democrats and republicans is, quote, within reach as america ticks closer to the fiscal cliff at midnight. >> they are close, but they're not there yet. and one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you're supposed to do, they will use that last second. >> duown to the wire. if you thought the fiscal cliff snuck up on congress, the debt ceiling...